NVDA stock forecast: Betting against Nvidia is a losing game
Investors should hold NVDA stock despite valuation concerns. Nvidia's dominance in AI chips and strategies make it a winner.
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Investors should hold NVDA stock despite valuation concerns. Nvidia's dominance in AI chips and strategies make it a winner.
"AI-driven Nvidia stock is soaring with a 240% gain in 2023. The chipmaker dominates the AI chip market and is set to benefit from growing demand."
Nvidia's stock hits an all-time high before announcing Q3 earnings. The AI chip maker is expected to triple its revenue.
Nvidia stock hits all-time high of $504 as investors await Q3 results and Q4 guidance, driven by AI market growth.
Nvidia Corporation reported strong quarterly earnings, with revenue up by more than 200%, but shares may not rise further in the near term.
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The No. 18 ranked James Madison Dukes will host the Appalachian State Mountaineers on Saturday, November 18 at Bridgeforth Stadium.
Ark's ARK Autonomous Technology & Robotics ETF purchased over $5 million worth of Advanced Micro Devices (AMD) shares, ahead of the company's upcoming third-quarter results. The fund also bought shares of Taiwan Semiconductor Manufacturing Co. (TSMC).
The tech sector has made a remarkable comeback in 2023, driven by the AI industry surge and the performance of top tech companies like Nvidia, Meta Platforms, and Alphabet. Despite adverse external factors, the US stock market has shown resilience, indicating a promising signal for the Q4 stock market rally. Google's stock has reached a new 52-week high and faces resistance at $143.65.
The Vegas Golden Knights will face off against the Seattle Kraken in their season opener, with multiple streaming options available.
Michael Myers from the Halloween films joins Fortnite's Halloween outfits, alongside Alan Wake and Jack Skellington, in the Fortnitemares 2023 event.
The Kansas City Chiefs will face the New York Jets in Week 4 on Sunday Night Football, with various streaming options available.
Amazon Web Services (AWS) invests $4 billion in Anthropic for its AI chips, Trainium and Inferentia, and collaboration on future technology.
UCLA Bruins and Coastal Carolina Chanticleers will face off in their 2023 season opener at the Rose Bowl.
Wall Street experienced a sharp decline as U.S. interest rates are expected to remain high, causing stocks to fall worldwide.
British chipmaker Arm debuted on the public markets, with shares jumping 10% and climbing over 20% in the first 30 minutes of trading.
Arm's oversubscribed IPO could have been priced at $52 per share, above the indicated range of $47 to $51.
Chipmaker Nvidia and seven other companies have agreed to a set of artificial intelligence (AI) standards led by the White House. The standards include requirements to disclose AI-generated content, share vulnerabilities, and commit to external testing before releasing products. The companies joining the agreement include Adobe, Palantir, IBM, and Salesforce. The White House has been engaging with industry on AI development and is promoting steps to ensure AI safety and security. The agreement will go into effect immediately and requires companies to prioritize research into minimizing harm and addressing security challenges.
Nvidia's earnings report will determine the future of its stock, which has already tripled this year. Investor Cathie Wood sold $1 million worth of NVDA stock ahead of earnings.
Nvidia's Q2 earnings exceeded expectations, with revenue at a record $13.51bn, 101% YoY growth, and a 429% YoY increase in earnings per share.
The Dallas Cowboys and Jacksonville Jaguars kick off their respective preseasons on August 12 at AT&T Stadium.
Intel's XeSS upgrade technology impresses in Jagged Alliance 3 benchmarks.
U.S. stocks rise as inflation eases, tech sector leads gains.
June CPI rises by 0.2% and 3.0% over the last year, with shelter accounting for 70% of the increase; food prices also increase.
Chicago White Sox's Luis Robert Jr. is favored to win 2023 Home Run Derby.